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In this paper we have put forward a model of basic research and long-run economic growth in which the system of incentives to scientific work may produce positive feedbacks and increasing returns. The organization of basic research presents both real and non-real incentives to workers. The state...
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This paper analyses the contribution of public investment to growth in southern Italy in the second half of the twentieth century (1951-1995). The period saw the only convergence in modern times of the Mezzogiorno towards the Italian average (1951-1973), followed by divergence (1974-1995). Using...
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